Clean Fanatics, a startup that offers home services, raises Rs 17 crore for expansion

Clean Fanatics, a premium marketplace specialising in home services, has raised Rs 17 crore (or about $2 million) in funding for team expansion, technology enhancement, and scaling new verticals such as civil construction and home renovation.

The seed round was led by Gurugram-based Inflection Point Ventures, with participation from Blume Founders Fund, Let’s Ventures, Trica, TiE Angels, and other prominent angel investors.

Founded in October 2022, Clean Fanatics offers services like deep cleaning, painting, marble polishing, and civil renovations.

The startup is led by B.J. Arun, a serial entrepreneur who previously served as chief executive of July Systems, which was acquired by Cisco Systems in 2018; Librato, acquired by SolarWinds in 2014; and California Digital. He has also served as president of TiE Silicon Valley in 2020 and as chairman of the TiE Global Board of Trustees in 2022.

COO Nishant Prasad, an alum of NIT Surat and IIM Mumbai, has worked in senior roles in companies like Glenmark, Hewlett-Packard, and Renoir Consulting. He has been running profitable home services organizations for the past 10+ years.

“Partnering with Inflection Point Ventures to raise funds has been a highly rewarding experience. Their due diligence process was exceptionally rigorous, reflecting the depth of their commitment to backing businesses with strong fundamentals. We’re excited to have IPV as part of our journey as we scale Clean Fanatics to new heights,” says BJ Arun, Co-Founder & CEO, Clean Fanatics.

Clean Fanatics claims that its people-first approach has led to 40% of its revenue coming through word-of-mouth referrals. The startup said it provides services to over 2,500 homes every month and generates an average of Rs 2 crore in monthly revenue from Bengaluru, India's Silicon Valley, alone.

“The home related services is a large untapped market with only a handful of companies currently addressing this gap. Given the geography of India and rise in disposable incomes, we believe that this market will continue to grow and platforms that are able to provide best in class services to their consumers and good business to their service partners will be the ultimate winners,” said Mitesh Shah, Co-Founder, IPV.

Clean Fanatics further said that it has grown its top line by 8x over the past 24 months. “What stood out with IPV was the speed, transparency and the will to go beyond the regular funding diligence,” says Nishant Prasad, Co-Founder & COO, Clean Fanatics.